Blackstone may launch Bord Gais bid - report

Blackstone originally considered a bid for Bord Gaid at the early stages of the sale process.

Private equity group Blackstone is a potential last-minute bidder for the retail arm of Bord Gais Eireann (BGE), according to a report this morning.

The Financial Times said that the potential late bid from the New York-based group had emerged "amid frantic efforts by Dublin to reinvigorate a flagging sales proccess" initiated as part of the bailout programme.

Blackstone, which manages a $16.7 billion global buyout fund, considered a bid for Bord Gaid at the...